NewFor Sale

388 Spadina Avenue
Toronto C01, Toronto, ON, M5T 2G5

Investment
TRREB
MLS® Number: C12573318
$3,100,000List Price
InvestmentProperty Type
5,027 sq ftSize
$49,232.44 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 388 Spadina Avenue, Toronto C01, ON M5T 2G5

0 Transactions by CPRB Agents

Top Agents in Toronto C01

Description

Rare opportunity to buy an institutionally managed commercial asset on one of the busiest stretches of Chinatown and steps from University of Toronto's Campus. The property is 100% leased and offers a buyer a going in yield of 6.4% and has a WALT of 6.6 years. The ground floor is a leased to Rol San who has been a neighborhood favorite for over 30 years and the second floor is leased to Clutch games, a popular hobby and collectibles store. The leases contain rental escalations, and the property offers future development potential. The total building area is 5,027 Square Fee; 3,416 SF Above Grade, plush 1,611 SF of basement space.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$49,232.44 / 2025
Listing #:C12573318
Property Type:Investment
Size:5,027 sq ft
Land Size:18.66 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CBRE LIMITED

Rooms

Details

Property

Property Type:Investment
Community:Kensington-Chinatown
Municipality:Toronto

Building

Size:5,027 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Closed

Land

Cross Street:Spadina and College

$3,100,000

List price

388 Spadina Avenue, Toronto C01 – Investment for sale · MLS® # C12573318 | CPRB